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Beverly, Massachusetts Demographics & Population 2026

During the 2020–2024 ACS period, Beverly, Massachusetts had a total population of 42,665, the 33rd largest city in Massachusetts, with a median household income of $106,044, which is 2% higher than the state average. The poverty rate is 9.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Beverly Quick Facts

Population 42,665
Median Household Income $106,044
Median Home Value $650,300
Poverty Rate 9.4%
Unemployment Rate 4.4%
Median Age 39.0 years
Homeownership Rate 60.1%
Affordability Ratio 6.1x
Bachelor's Degree or Higher 53.4%
High School Graduation Rate 96.4%
Diversity Index 28/100
Population 42,665 33rd of 248
Median Income $106,044 average
Poverty Rate 9.4% 25% lower than national
Median Home Value $650,300 above average

How Beverly Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population42,40842,665+0.6%
Median household income$103,739$106,044+2.2%
Median home value$621,900$650,300+4.6%

How Beverly Compares

Economy & Housing

Household Income Distribution

Under $25K 15.4%
$25K-$50K 10.8%
$50K-$100K 20.6%
$100K+ 53.1%
Detailed income brackets
Under $10K
4.3%
$10K-$15K
3.5%
$15K-$20K
3.5%
$20K-$25K
4.1%
$25K-$30K
2.6%
$30K-$35K
2.2%
$35K-$40K
1.6%
$40K-$45K
2.1%
$45K-$50K
2.3%
$50K-$60K
3.9%
$60K-$75K
6.2%
$75K-$100K
10.5%
$100K-$125K
9.6%
$125K-$150K
9.3%
$150K-$200K
12.1%
$200K+
22.1%

Employment

4.4% Unemployment Rate State: 5.1%|National: 5.2%
67.6% Labor Force Participation

Housing Overview

Owner 60.1%
Renter 39.9%
Affordability Index Expensive
6.1x home value to income ratio
Median gross rent $1,771/mo 20.0% of median household income annually

People & Demographics

Diversity Index

28out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 53 | National average: 61

Education

Beverly Rankings in Massachusetts

#33 Population of 248
#116 Median Income of 241
#86 Education of 248
#81 Home Value of 242

Other Cities in Essex County

CityPopulationMedian IncomePovertyHome Value
Lynn 101,709 $75,043 13.8% $510,100
Lawrence 88,736 $60,433 17.6% $415,200
Haverhill 67,698 $88,326 11.3% $453,900
Peabody 54,695 $96,657 7.6% $596,200
Salem 44,795 $85,153 12.1% $542,800
Gloucester 30,075 $83,883 9.6% $600,600
Saugus 28,773 $101,539 6.0% $603,400
Danvers 28,098 $125,395 4.8% $644,200
Marblehead 20,413 $182,132 4.4% $943,900
Newburyport 18,652 $139,625 5.0% $834,000

Cities Similar to Beverly

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Woburn41,939$111,185$673,50046.5%7.9%
Marlborough41,647$91,968$513,10040.5%9.6%
Attleboro46,762$98,954$448,10034.0%8.6%
Leominster43,909$83,816$380,40033.5%9.2%
Westfield40,378$87,753$325,10033.2%10.7%

Population Overview

Beverly is a mid-sized community located in Massachusetts, within Essex County. The total population is 42,665. It ranks as the 33rd most populous out of 248 Census-designated places in Massachusetts.

Age Demographics

The median age in Beverly is 39.0 years. This is 3% lower than the state median of 40.0 years.

Economy, Income & Housing

The median household income in Beverly is $106,044. This is 2% higher than the state median of $103,960. It is also 31% higher than the national median of $80,734. The poverty rate stands at 9.4%. This is 7% lower than the state poverty rate of 10.0%. The unemployment rate is 4.4%. This is 15% lower than the state rate of 5.1%. The median home value is $650,300. Housing costs are 16% higher than the state median of $562,100. The home-value-to-income ratio of 6.1x suggests that housing affordability is a significant concern for many residents. 60.1% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 62.5%.

Race & Ethnicity

The largest racial or ethnic group in Beverly is White (non-Hispanic), making up 84.3% of the population. Hispanic or Latino residents account for 6.1%. The Black or African American population (2.8%) is well below the state average of 6.4%. The Hispanic or Latino population (6.1%) is well below the state average of 13.3%. The Asian population (1.7%) is well below the state average of 7.2%.

Education

53.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 13% higher than the state rate of 47.3%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.4%. Notably, 19.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Beverly, Massachusetts is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Massachusetts state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 248 Census-designated places in Massachusetts. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Beverly, Massachusetts?

Beverly, Massachusetts has a population of 42,665 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Beverly, MA?

The median household income in Beverly is $106,044, which is 31% higher than the national median of $80,734.

What is the poverty rate in Beverly, MA?

The poverty rate in Beverly is 9.4%. This means approximately 3,656 residents live below the federal poverty line.

What is the racial makeup of Beverly, Massachusetts?

Beverly's population is 84.3% White, 2.8% Black, 6.1% Hispanic/Latino, and 1.7% Asian.

What is the median home value in Beverly, MA?

The median home value in Beverly is $650,300. The home-value-to-income ratio is 6.1x.

How educated is Beverly, Massachusetts?

53.4% of adults (25+) in Beverly hold a bachelor's degree or higher, and 19.5% hold a graduate or professional degree.